Crowdfunding is a financial transaction whereby a business sells its accounts receivable to a third party at a discount in exchange for cash.

Name: Crowdfunding is a financial transaction whereby a business sells its accounts receivable to a third party at a discount in exchange for cash.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Crowdfunding typically involves a business raising money from a large number of people, often through an online platform, rather than selling accounts receivable to a third party.

Crowdfunding Is a Financial Transaction Whereby a Business Sells Its